Badger Meter, Inc. $BMI Shares Sold by BNP Paribas Financial Markets

BNP Paribas Financial Markets decreased its position in Badger Meter, Inc. (NYSE:BMI) by 18.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 50,226 shares of the scientific and technical instruments company’s stock after selling 10,994 shares during the quarter. BNP Paribas Financial Markets’ holdings in Badger Meter were worth $8,760,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. N.E.W. Advisory Services LLC acquired a new position in Badger Meter in the 4th quarter valued at about $25,000. Godfrey Financial Associates Inc. acquired a new position in Badger Meter in the 4th quarter valued at about $27,000. Caitlin John LLC acquired a new position in Badger Meter in the 3rd quarter valued at about $31,000. Brown Brothers Harriman & Co. raised its stake in Badger Meter by 62.3% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 185 shares of the scientific and technical instruments company’s stock valued at $33,000 after purchasing an additional 71 shares during the last quarter. Finally, Strategic Advocates LLC acquired a new position in Badger Meter in the 3rd quarter valued at about $41,000. Institutional investors and hedge funds own 89.01% of the company’s stock.

Badger Meter Price Performance

NYSE BMI opened at $130.39 on Tuesday. Badger Meter, Inc. has a 12 month low of $112.09 and a 12 month high of $251.54. The company has a 50-day moving average of $131.52 and a 200-day moving average of $153.21. The company has a market cap of $3.81 billion, a P/E ratio of 29.43, a P/E/G ratio of 2.27 and a beta of 0.68.

Badger Meter (NYSE:BMI) last issued its earnings results on Tuesday, February 17th. The scientific and technical instruments company reported $1.14 earnings per share (EPS) for the quarter. Badger Meter had a return on equity of 18.76% and a net margin of 14.56%.The business had revenue of $220.71 million during the quarter. As a group, equities research analysts anticipate that Badger Meter, Inc. will post 4.51 EPS for the current year.

Badger Meter Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, June 5th. Stockholders of record on Friday, May 22nd were issued a dividend of $0.40 per share. The ex-dividend date was Friday, May 22nd. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.2%. Badger Meter’s payout ratio is presently 36.12%.

Insider Buying and Selling at Badger Meter

In other news, CEO Kenneth Bockhorst bought 2,200 shares of the firm’s stock in a transaction dated Tuesday, April 21st. The stock was acquired at an average price of $117.53 per share, for a total transaction of $258,566.00. Following the acquisition, the chief executive officer owned 51,676 shares of the company’s stock, valued at $6,073,480.28. This trade represents a 4.45% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, VP Christina M. Tarantino bought 870 shares of the firm’s stock in a transaction dated Tuesday, April 21st. The shares were purchased at an average price of $113.80 per share, with a total value of $99,006.00. Following the acquisition, the vice president directly owned 1,801 shares in the company, valued at approximately $204,953.80. This trade represents a 93.45% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last ninety days, insiders have bought 6,628 shares of company stock worth $777,128. Company insiders own 1.00% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the stock. Royal Bank Of Canada reissued an “outperform” rating on shares of Badger Meter in a research note on Thursday, May 21st. Zacks Research raised shares of Badger Meter from a “strong sell” rating to a “hold” rating in a research note on Friday, April 3rd. Barclays set a $110.00 target price on shares of Badger Meter and gave the company an “underweight” rating in a research note on Monday, April 20th. Weiss Ratings downgraded shares of Badger Meter from a “hold (c)” rating to a “hold (c-)” rating in a research note on Monday, May 4th. Finally, JPMorgan Chase & Co. dropped their price objective on shares of Badger Meter from $190.00 to $160.00 and set an “overweight” rating for the company in a research note on Friday, April 17th. Five equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Badger Meter presently has an average rating of “Hold” and a consensus price target of $155.86.

Key Badger Meter News

Here are the key news stories impacting Badger Meter this week:

• Positive Sentiment: Stifel Nicolaus remained positive on Badger Meter, keeping a Buy rating, which supports the investment case despite the legal overhang. Article Title
• Neutral Sentiment: Several outlets highlighted Badger Meter’s Q1 earnings versus peers in the inspection instruments group, keeping attention on fundamentals rather than adding a clear new catalyst. Article Title
• Negative Sentiment: Rosen Law Firm, Schall Law Firm, Faruqi & Faruqi, Levi & Korsinsky, Glancy Prongay Wolke & Rotter, and Bronstein, Gewirtz & Grossman all publicized or advanced a class action lawsuit against Badger Meter, alleging investors were harmed during the April 2024 to April 2026 period. These repeated legal notices can create uncertainty and pressure the stock. Article Title

About Badger Meter

Badger Meter, founded in 1905 and headquartered in Milwaukee, Wisconsin, is a global leader in flow measurement and control solutions. The company’s core business centers on the design, manufacture and sale of water meters, control valves and related accessories for municipal and industrial water utilities. Over its more than a century of operation, Badger Meter has built a reputation for precision engineering, durability and compliance with international regulatory standards.

The company’s product portfolio includes mechanical and ultrasonic water meters, electromagnetic flow meters for industrial applications, and a range of control valves that help utilities manage pressure and flow in distribution networks.